Which of the Following Is a Type of Trade Restriction

question 93

Multiple Choice

Which of the following is a type of trade restriction?

• A) diseconomies of scale
• B) autarky
• C) diminishing marginal returns
• D) export subsidies to encourage exports
• E) increasing the opportunity cost of production

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Definitions:

Psychographics

The study and classification of people according to their attitudes, aspirations, and other psychological criteria.

Demographics

Statistical data relating to the population and the particular groups within it.

Consumer Behaviour

The study of how individuals, groups, or organizations select, buy, use, and dispose of goods, services, ideas, or experiences to satisfy their needs and desires.

Socialization Agents

People, organizations, and institutions that play a role in how individuals learn social norms, values, and behaviors, influencing their consumption patterns and preferences.